Is Upper Samish River, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Upper Samish River is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Upper Samish River has remained a Seller's Market.

Key Takeaway

Upper Samish River is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Upper Samish River, WA

How much do homes in Upper Samish River, WA cost?

Median Sold Price

$685,000

$313/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$145,000(+26.9%)

Key Takeaway

Homes in Upper Samish River have sold for 26.9% more than they did a year ago.

Summary: The median home sold price in Upper Samish River was $685,000 in October 2024, up 26.9% from last year, and the median price per square foot was $313.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $295K-
N/A
2 $465K$466.6K
0.3%
3 $557.5K$725K
+30.0%
4 $570K$575K
+0.9%
5+ $950K$855K
-10.0%

Summary: Upper Samish River housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.3%, 3 bedroom homes increased by 30%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 10%.

Median Sold Price Compared To Nearby Cities

Bow
+30.5%
Upper Samish River
+26.9%
Lyman-Hamilton
+12.0%
Clear Lake
-9.6%

Housing Supply in Upper Samish River, WA

How many homes are available in Upper Samish River, WA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2125+19.0%

Summary: The Upper Samish River real estate market had 25 homes for sale in October 2024, a 19.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 24
+100.0%
3 1718
+5.9%
4 23
+50.0%
5+ 00
0.0%

Summary: The Upper Samish River housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
17+600.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Upper Samish River, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 7 homes were sold or pending in Upper Samish River in October 2024, up by 600.0% month-over-month. Of the 7 sold homes, 57% were sold under asking, 14% were sold at asking, and 29% were sold over asking.

Days on Market for Upper Samish River, WA

How long does it take to sell a home in Upper Samish River, WA?

Average Sale Time

Oct 2023Oct 2024CHANGE
36 Days57 Days+56.2%

Summary: Homes in Upper Samish River had an average of 57 days on market in Oct 2024, up by 56.2% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Upper Samish River has remained consistent over time.

Summary: During October 2024, 7 homes were sold in Upper Samish River; 29% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Upper Samish River, WA

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